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Metalex Ventures Ltd V.MTX

Alternate Symbol(s):  MXTLF

Metalex Ventures Ltd. is a Canada-based company engaged in the acquisition, exploration and development of mineral properties. The Company’s principal projects are located in Quebec and northern Ontario (U2), Canada. Its overseas projects are located in South Africa, Morocco and Mali. Its projects include Wemindji James Bay Property, Kyle Lake Property, Viljoenshof Diamond Project and James Bay Lowlands Property. It has a 100% earned interest in mineral claims located in the Kyle Lake area of Ontario, located approximately 200 kilometers (km) west of James Bay in Northern Ontario and about 80 km west of De Beers’ Victor Mine. It also has an interest in various mineral claims located in the Wemindji James Bay region of Quebec for the exploration of diamonds and owns 100% of the non-diamond project. It also has a 100% interest in certain mineral claims in the James Bay Lowlands area of Northern Ontario. It has a 70% interest in the Viljoenshof Diamond Project in South Africa.


TSXV:MTX - Post by User

Bullboard Posts
Post by drew17on Dec 20, 2006 6:46pm
338 Views
Post# 11901818

More Bad P.R.????

More Bad P.R.????Someone has been reading a P.R. manual somewhere. Look at the latest article below. Ont. aboriginal community asks DiCaprio for help Updated Wed. Dec. 20 2006 2:48 PM ET Canadian Press TORONTO -- A northern Ontario aboriginal community is trying to enlist actor Leonardo DiCaprio in its fight against a De Beers diamond mine in the boreal forest. The Nishnawbe Aski Nation has written to the movie star, asking him to note their concerns about the mine while he promotes his movie "Blood Diamond'' _ a film about the conflict diamond trade in war-torn Sierra Leone. The letter to DiCaprio asks him to talk about how the diamond mine currently under construction on the western coast of James Bay could threaten Ontario's boreal forest and aboriginal ancestral lands. Deputy Grand Chief Alvin Fiddler says the community hopes writing to DiCaprio will raise awareness about their concerns to a wider audience. He says diamonds extracted from northern Ontario are similar to so-called "blood diamonds'' from Africa because they also come at an ecological and social cost. Fiddler says DiCaprio has not yet responded to the letter but the community hasn't given up hope.
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